Bruker Corporation (BRKR)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 1,649,500 | 1,513,300 | 1,305,700 | 1,209,600 | 939,800 |
Revenue | US$ in thousands | 3,366,400 | 2,964,500 | 2,530,700 | 2,417,900 | 1,987,500 |
Gross profit margin | 49.00% | 51.05% | 51.59% | 50.03% | 47.29% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,649,500K ÷ $3,366,400K
= 49.00%
Bruker Corporation's gross profit margin has shown resilience and improvement over the past five years. The margin has increased steadily from 47.29% in 2020 to a peak of 51.59% in 2022, indicating strong cost management and efficient operations. However, there was a slight dip in 2024 to 49.00%, which suggests potential challenges in maintaining profitability.
Overall, Bruker Corporation has exhibited a healthy gross profit margin trend, which is crucial for sustainable growth and financial stability in the competitive market landscape. Continued monitoring and strategic adjustments may be necessary to address any factors impacting the margin to ensure long-term profitability.
Peer comparison
Dec 31, 2024